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Enron Mail |
We saw a larger credit spread in the market between EOL and ICE. EOL Socal cash was trading .08 higher than ICE Socal - We ended up short and the market made it very difficult to buy. EOL SJ cash traded .10 to .20 cents lower than ICE. The only point without a credit spread was Opal.
Liquidity picked up slightly from Thursday and Friday, but still slow. No new counterparty issues. Grigsby
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